Paramount Payment Systems

Net 30 Account

Paramount Payment Systems gives your business the ability to offer your customers payment terms on products and services you currently offer. This is a powerful way to increase sales since potential customers may not be able to afford high up-front costs associated with pricey products and/or services.

This program enables you to get paid right upfront while giving your customers the ability to pay over time. This program works because it's based on the customer's checking account history not credit scores or assets they own.

Requirements:

This program will NOT work for businesses in the following industries: Web design, Jewelers, Used Cars (unless they have a body shop or repair shop), Basic Retail, Businesses that run 100% online, TV sales, Cell phones and Car/Home audio/Finance related.

You may also need to provide a voided check from the company's business checking account and most recent month's bank statement.

  • EIN Number
  • DUNS Number
  • Business bank account
  • Trade references
  • Bank reference

Business Credit:

  • Receive a Net 30 Account
  • Reports to Dun & Bradstreet

To apply go to=> https://paramountpayment.com/

  • 1

    Remember - D&B Paydex Score

    It takes a minimum of 4 tradelines reporting to Dun & Bradstreet to establish a Paydex Score.

  • 2

    Tip - Purchase Activity

    When you get a net 30 credit account it’s important to use that account regularly. If you only make one purchase it only shows one payment and no ongoing payment history.

  • 3

    Tip - Payment Activity

    Always pay your invoices on or ahead of the due date. Paying better than terms is ideal since this can improve your credit rating even more. An 80 Paydex score means you pay according to terms. In order to achieve a 90 score requires that you pay 20 days sooner than terms. For the top rating of 100 you have to pay 30 days sooner than terms.